CarTika buy builds CardioTech's contract manufacturing
This article was originally published in Clinica
CardioTech International will add an extra 17,000 square feet of contract manufacturing space to its catheter and disposables production capability, with the acquisition of CarTika Medical, of Plymouth, Minnesota. The acquisition includes two certified class 10,000 clean rooms, and is expected to generate at least $7m in revenues over the next 12 months.
You may also be interested in...
Circassia is returning the US rights to two COPD drugs to AstraZeneca as it admits it cannot meet its debt payments from the deal.
At their second meeting on COVID-19, drug regulators from around the world have stressed the importance of large, multi-arm studies in generating the data needed for the approval of potential coronavirus therapies. The European Medicines Agency, which organized the meeting, has also announced a new coronavirus task force to identify promising drug candidates and help steer them through development to regulatory approval.